PC World rated four component characteristics for 10 ultraportable laptop computers: features, performance, design, and price. Each
Question:
PC World rated four component characteristics for 10 ultraportable laptop computers: features, performance, design, and price. Each characteristic was rated using a 0-100 point scale. An overall rating, referred to as the PCW World Rating, was then developed for each laptop. The following table shows the features rating and the PCW World Rating for the 10 laptop computers (PC World website, February 5, 2009).
a. Develop a scatter diagram with the features rating as the independent variable.
b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables?
c. Use the least squares method to develop the estimated regression equation.
d. Predict the PCW World Rating for a new laptop computer that has a features rating of 70.
Step by Step Answer:
Statistics For Business & Economics
ISBN: 9781285846323
12th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Camm, James Cochran